Last Friday, Treasurer Rosie Rios participated in the TEDxWomen conference in Washington, DC, where she presented a "TED Talk" as part of the "Poverty and Plenty" session that featured speakers exploring "the space between having a little and having a lot."
Rios, who has served as Treasurer since July 2009, shared her unique perspective on Treasury efforts to reach consumers, small business owners and struggling homeowners following the recent financial crisis:
“Treasury rose to the occasion and came up with many programs designed to help people. I still believe that human capital is the best investment that we can make so when I look back at the past four years, our housing program has helped over one million families save their homes. Our Small Business Lending Fund helps community banks lend to small businesses to help them grow. Our State Small Business Credit Initiative provides economic development resources for programs designed to create jobs. And even with financial reform we now have more transparency in the financial system, we now have more capital requirements for financial institutions. That same financial reform established the Consumer Financial Protection Bureau to help markets provide better resources for products and services that help Americans make better decisions. And even today, I came directly from an event sponsored by Treasury that connected technology companies with government data agencies to see if these companies can come up with applications or other technologies to help Americans and all consumers make better financial decisions.”
Treasurer Rios also spoke about the changing demographics in government representation and how these new voices at the table reflect the deepest virtues of democracy, saying “different voices mean a different conversation with different outcomes.”
“So I challenge all of you to find that voice, own it, embrace it, advance it and inspire the voices of the next generation. Our daughters, our sons and those we mentor. That will lead to empowerment. And it will be those voices in this age of democracy that will narrow the space between having a little and having a lot.”
Watch the full video of Treasurer Rios' "TED Talk" below:
Anthony Reyes is the New Media Specialist at the U.S. Department of the Treasury.